Obama's Nobel Peace Prize is an exquisite act of condescension from Norwegians, a dog biscuit and a pat on the head to the American hyperpower for agreeing to spay itself into a hyperpoodle.

Indeed, if I understand this global-warming business correctly, the danger is that the waters will rise and drown the whole of Massachusetts, New York City, Long Island, the California coast and a few big cities on the Great Lakes - in other words, every Democratic enclave will be wiped out leaving only the solid Republican heartland. Politically speaking, for conservatives there's no downside to global warming.

America is now a land that rewards failure - at the personal, corporate, and state level.

If the IMF is correct (a big if), China will be the planet's No.1 economy by 2016. That means whoever's elected in November next year will be the last president of the United States to preside over the world's dominant economic power.

Those who can do. Those who can't form a supercommittee.

For states in demographic decline with ever more lavish social programs, the question is a simple one: Can they get real? Can they grow up before they grow old? If not, then they'll end their days in societies dominated by people with a very different worldview.

There is no conceivable amount of money worth telling the world that you were beaten up by Liza Minnelli.